What documentation is required for a GST/HST audit in Canada?
Ensure you have comprehensive records ready before your GST/HST audit begins. Accurate documentation streamlines the process and demonstrates…
What are the audit requirements for publicly traded companies in Canada?
Public companies in Canada must adhere to strict audit standards mandated by regulators. Conducting an annual audit by an independent…
What is the audit process for non-profit organizations in Canada?
Implementing a clear and efficient audit process helps non-profit organizations meet regulatory requirements and build trust with donors and…
How to conduct a sales tax compliance audit in Canada?
Performing a sales tax compliance audit requires meticulous preparation and a clear understanding of Canadian tax laws. Start by gathering all…
How to implement audit recommendations in Canadian businesses?
Begin by assigning clear responsibilities to accountable team members to ensure that each recommendation has a designated owner. This approach…
How to appeal a CRA audit decision in Canada?
If you disagree with the Canada Revenue Agency’s (CRA) audit findings, promptly submitting a formal objection can help you protect your…
How to conduct an internal financial audit for a Canadian business?
Begin your internal audit process by clearly defining specific objectives tailored to your company’s operations and compliance…
How to handle a notice of assessment in Canada?
If you receive a Notice of Assessment (NOA) from the Canada Revenue Agency (CRA), addressing it promptly can prevent additional penalties or…
What types of audits can Canadian businesses face?
Understanding the different types of audits your Canadian business might face helps you proactively organize your financial records and ensure…
How to find local accounting workshops in Canada?
If you want to boost your accounting skills and connect with industry experts in Canada, start by exploring local professional organizations…